Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: Polymarket Perps against Bybit−0.034%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$290.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.201%−$20 on $10k
Price spread, last 7 days−0.066%−$7 · spread now −0.034%, 7d avg −0.015%
Together, before fees−0.267%−$27 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZECUSDT1,459.10.0100pay 0.0100% / 8h5h 42m$269.5M$606.2M75x
ShortPolymarket Perps ZEC-USD1,458.60.0100get 0.0013% / 1h42m 15s$324K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.034% → −0.015%
−$1.9
Slippage, 4 orders
−$9.92
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$30.82
Costs to cover
0.289%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Polymarket Perps: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago0.03 bp6.2 bp −$67.9 bp −$7917.1 bp −$1,70535.4 bp −$17.7K
Sell Polymarket Perps live order book, 1 min ago3.77 bp9.1 bp −$911.6 bp −$116doesn't fitdoesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3244%1h1,462+0.195%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461.5+0.166%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,459.5+0.027%$29.6M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,459.1+0.003%$411K$45K5xas long as short
Kalshi KXZECPERP0.0000%8h1,459.6+0.036%$963K$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,459.3+0.012%$83K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,459.4+0.020%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0038%8h1,459.5+0.030%$292K$977K20xas long as short
Ondo Perps ZEC-USD.P+0.0053%1h1,459−0.007%$396K$433K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0009%1h1,459.2+0.006%$378K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0074%1h1,459.6+0.034%$4.6M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,459−0.006%$173K$1.8M50xas long as short
Variational Omni ZEC+0.0098%8h1,459.8+0.051%$47.4M$31.8Mas long as short
Katana Perps ZEC-USD+0.0100%8h1,459.6+0.035%$18K$835K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,459−0.004%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,459.4+0.019%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,459.8+0.049%$760.6M$433.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,459−0.010%$14.4M$28.8M75xas long as short
Pacifica ZEC+0.0100%1h1,459.3+0.016%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,459.2+0.008%$669.9M$2.25B75xas long as short
Bybit ZECUSDTlong+0.0100%8h1,459.1long leg$269.5M$606.2M75x
OKX ZEC-USDT-SWAP+0.0100%8h1,459.7+0.042%$179.8M$1.23B50xas long as short
Bulk ZEC-USD+0.0100%1h1,458.7−0.031%$886K$16K10xas long as short
Gate ZEC_USDT+0.0100%8h1,459.3+0.012%$50.0M$170.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,459−0.008%$215.5M$770.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,459.1+0.002%$102.6M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,459.4+0.019%$161.9M$275.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,459.4+0.021%$97.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,460+0.064%$2.4M$3.8M15xas long as short
edgeX ZECUSDC+0.0100%4h1,461.5+0.167%$569K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.3+0.015%$3.0M$418K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.5+0.164%$421K$883K50xas long as short
StandX ZEC-USD+0.0100%1h1,459.8+0.049%$70K$4.7M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,458.6−0.034%$324K$1.8M10x
Bullet ZEC-USD+0.0100%1h1,459.1−0.002%$126K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,458.4−0.045%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462+0.201%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459.3+0.012%$240K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458.3−0.054%$2.6M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.5+0.029%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,459.3+0.012%$2.8M$7.7M10xas long as short
01 Exchange ZECUSD+0.0104%1h1,459.3+0.016%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,458.9−0.017%$48K$155K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0105%1h1,460.2+0.077%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,459.2+0.006%$18.0M$43.7M25xas long as short
Lighter ZEC+0.0208%1h1,460.9+0.124%$19.1M$46.0M20xas long as short
Arcus ZEC-USD+0.0277%1h1,461.4+0.156%$707K$8.5M10xas long as short
Lighter RH ZEC+0.0328%1h1,461.4+0.154%$2.1M$6.8M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,459.5+0.027%$831K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,461.3+0.150%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0716%1h1,461.6+0.170%$43K$46K10xas long as short